Vestwell, the digital retirement platform we funded in 2016, has had a big 2019. In January we shared the news of their BNY Mellon partnership. The company recently announced it raised $30 million in Series B financing led by Goldman Sachs. Goldman was joined in the round by fintech experts Point 72 and several strategic […]
I was asked by a very thoughtful B2B founder in our portfolio if he should be spending time building a downturn plan. It’s a great question, and one not to be taken lightly. At the time, things in the venture world were – and for the most part still are – going along swimmingly.
That new coffee table you just bought on Amazon? It was handled at least 25 times before it reached your front door. Same for those new shoes and the set of wine glasses that arrived yesterday. As e-commerce continues to grow aggressively – in 2017, e-commerce accounted for 10.2% percent of all retail sales worldwide […]
The mental health crisis is reaching a tipping point. One in five US adults has a mental health condition, which is exacerbated by uneven access to mental health services. There’s been a 30% increase in suicide rates between 1996 and 2016, and a 130% increase in depression rates for young adults between 2005 and 2014. […]
Here are three simple truths about your board of directors: We don’t understand your business as well as we once did We don’t understand it as well as we should We don’t understand it as well as you want us to As a founder and/or CEO, you’re living and breathing your business 24/7. You know […]
Smart access is a hot topic these days, following Amazon’s recent acquisition of smart video doorbell Ring, and with the continued rollout of new applications for the technology as an important ecommerce enabler. Primary portfolio company Latch, the first enterprise access management platform for the multi-family residential market, has been at the forefront of many of these discussions as […]
Much of startup-world news suggests tales of companies that are successful from Day Zero, hitting the ground running with near instantaneous product-market fit and never looking back. Or sometimes there’s the tale of a brief wander in the woods before finding the “It” product that then takes off on the fast train to Unicorn Station […]
Read about what the lead seed investor in Routehappy thinks about the recent acquisition by ATPCO.
One of the most unfortunate realities of the startup world is the wide gulf that exists between the business and technical sides of most early-stage companies and the startup community at large. Born, like so many things, out of discomfort with the unknown and exacerbated by the different languages these two groups speak, it’s a […]
This is what goes through a VCs mind when he or she has to walk away from a deal…